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Six-Unit Apartment Building
For Sale
$425,000

620 South 16th Avenue, Yakima, WA 98902

Multifamily property with two-bedroom residences, shared laundry, and R2 - 2 Fam Res zoning near YVCC.

Property Size6,288 SF
Price / SF$67.59
Days on Market148

Property Features for 620 South 16th Avenue

General Information

Standard status Active
Size 6,288 SF
Property subtype Multi Family / Apartment
Zoning R2 - 2 Fam Res

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $5,287

Amenities

shared coin-operated laundry facility
Baseboard, Electric, Forced Air, Wall
6
Built-Up
Brick

Building Details

Year Built 1970
Listing Agency: Berkshire Hathaway HomeServices Central Washington Real Estate
Listed By: Sharri A Greene · License #95739
Source: Compass
Added: Apr 9 Changed: Aug 31 Last Checked: Aug 29 at 8:31PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Central Washington Real Estate

Investment Insights

Based on property information with market context.

This 6,288-square-foot apartment building contains six units, with each residence configured with 2 bedrooms and 1 bathroom. The property was built in 1970 and includes baseboard, electric, forced-air, and wall heating systems. A shared coin-operated laundry facility provides an additional income source. The building has a newer built-up roof and brick exterior, while several units have received updates.

Located at 620 South 16th Avenue in Yakima, Washington, the property is near YVCC. Tenant histories documented for the units range from 11 to 21 years. The site is zoned R2 - 2 Fam Res, supporting its multifamily residential classification.

Key Highlights

  • Six‑unit apartment building totaling 6,288 square feet
  • Each unit includes 2 bedrooms and 1 bathroom
  • Shared coin‑operated laundry facility

Property Analytics

Current Use

VP Racing Gas Station VP Racing Fuels ... Grocery & Convenience Store

Suggested Use

Top Pick Parking Lot & Garage Locksmith Catering Service (Bike/Boat/Book/etc) Store Florist Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

870
Businesses Nearby

Demographics for 98902, WA

47,589
Population
17,723
Households
2.7
Avg Household Size
33
Median Age
19%
College-Educated
78%
High-School Grad
9.3 sq mi
ZIP Area
5,117
Density / Sq Mi
$60,050
Median Household Income
$36,900
Median Earnings
$1,045
Median Rent
$237,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property with two-bedroom residences, shared laundry, and R2 - 2 Fam Res zoning near YVCC.
Where is this apartment building located?
The property is located at 620 South 16th Avenue Yakima, WA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Six‑unit apartment building totaling 6,288 square feet; Each unit includes 2 bedrooms and 1 bathroom; Shared coin‑operated laundry facility
More about this property
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